(Reuters) - Citigroup ( C/PN ) has established a banking executive team consisting of senior leaders from across the bank, according to an internal memo seen by Reuters on Thursday.

The bank has also set up an investment banking operating team, which will include all members of banking executive team along with global heads for investment banking sectors.

"These changes will ensure that we have the right structure and leadership in place to better serve our clients and drive substantial growth across banking, as we continue to invest in the business," Citi's head of banking Vis Raghavan said in the memo.